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3 February 2025 | 2 replies
BiggerPockets has a decent system for finding a real estate broker in any given area.
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3 February 2025 | 31 replies
The real estate agent doesn’t pay for problems.
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6 February 2025 | 8 replies
It’s great that you’re looking to put your money to work in real estate—smart move.A few key things I always remind my clients (and myself) when investing:1.Don’t rush it.
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1 February 2025 | 2 replies
@Kwanza P.Here you can learn more about non-recourse loans:https://www.biggerpockets.com/member-blogs/2810/46115-real-e...Here is a list of lenders offering non-recourse financing to Solo 401k:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...You protect your property by purchasing insurance.
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28 January 2025 | 6 replies
If purchasing new real estate as part of your reinvestment, a cost segregation study can maximize depreciation deductions, offsetting future taxable income.For effective planning, assess how the sale price is allocated between real estate, tangible assets, and goodwill, as this determines the tax treatment.
28 January 2025 | 7 replies
I first started out in Real Estate by house hacking in college.
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8 February 2025 | 5 replies
Based on what my real estate agent thinks that this quote will be, roughly, and the after repair value, it looks like I could buy this property in cash, spend a month or two fixing the damage, and then put a mortgage for roughly 1.6x what I paid for it and thus have a cash flowing property at a few hundred dollars per month and a little more money in my bank account ready for a down payment on the next deal.
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5 February 2025 | 7 replies
Akku, solid move getting into real estate early.
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14 January 2025 | 17 replies
It's a new resource from BiggerPockets that helps you find reliable property management partnerships and gives you everything you need to make confident hiring decisions:-Expert Matching: Match with professionals who meet your criteria-Extra Assurance: See licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets members-Bonus Content: Plus they'll send you an interactive workbook: “How to Interview Property Management Companies”Hope this helps!